Which of the following is true about credit unions versus commercial banks and savings institutions?
A)C redit unions are less able to quickly generate additional deposits.
B)S avings institutions and commercial banks can borrow from the Central Liquidity Facility, but credit unions cannot.
C)S avings institutions and commercial banks are less able to quickly generate additional deposits.
D)Credit unions have more exposure to interest rate risk.

Question

Quizplus · Accepted Answer

Credit unions often have a more stable and committed membership base but are less able to quickly generate additional deposits compared to commercial banks and savings institutions, which can attract new deposits more readily through various means.

Which of the Following Is True About Credit Unions Versus